Firstly the stock took support at 2560 and turned from there. Then it broke the Fibonacci level at 2665 and moved one way towards the congestion zone of 2973-3000. Now it gave a healthy retracement to 2850 which is a neckline for a reverse head and shoulder pattern. Is it up for a sharper move ahead and break the Fibonacci level on the upside?. I think so! based...
